Advanced Search

Botswana Diamonds Begins Sampling in Cameroon, Zimbabwe

Mar 19, 2012 2:47 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Botswana Diamonds began  sampling operations on its Mobilong license in Cameroon. The junior explorer is gathering two 100 to 150 tonne samples from areas that were identified as potentially diamond-bearing. Results of the sample  will follow in the second quarter.

Secondly, in Zimbabwe, a small bulk sample is ongoing on diamond claims in the Masvingo area. Rio Tinto discovered diamond indicator minerals and kimberlites on those claims. Botswana Diamonds owns 49 percent of the Zimbabwe project while locals own 51 percent.  

In other company news,  Andre Fourie is stepping down as a  board director although he would continue to consult to the company. An additional director will be appointed in the near future. Kabelo Mohohlo was appointed to the board of Kukama Mining & Exploration and Atlas Minerals, the wholly-owned Botswana subsidiaries of Botswana Diamonds. Mohohlo is currently managing director of African Alliance Botswana Securities.

Tags: Botswana, cameroon, diamonds, Jeff Miller, Zimbabwe
Similar Articles
StornowayStornoway Lowers Production Outlook
May 21, 2018
Stornoway Diamond Corporation has reduced its production-and-sales expectations for this year, as its shift to underground
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.